US Concrete (NASDAQ:USCR) is set to issue its quarterly earnings data on Monday, February 26th. Analysts expect the company to announce earnings of $0.90 per share for the quarter.
Shares of US Concrete (NASDAQ USCR) opened at $76.05 on Friday. The stock has a market capitalization of $1,270.00, a P/E ratio of 101.40, a price-to-earnings-growth ratio of 1.52 and a beta of 0.95. The company has a debt-to-equity ratio of 2.35, a current ratio of 2.31 and a quick ratio of 2.12. US Concrete has a 12-month low of $57.95 and a 12-month high of $86.35.
Several equities analysts have commented on the stock. Zacks Investment Research downgraded shares of US Concrete from a “hold” rating to a “sell” rating in a research note on Saturday, November 4th. ValuEngine downgraded shares of US Concrete from a “buy” rating to a “hold” rating in a research note on Thursday, November 9th. DA Davidson restated a “buy” rating on shares of US Concrete in a research note on Monday, December 4th. Finally, BidaskClub upgraded shares of US Concrete from a “sell” rating to a “hold” rating in a research note on Wednesday, December 6th. Two equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. The stock currently has an average rating of “Buy” and an average price target of $89.25.
In other US Concrete news, Director Kurt Matthew Cellar sold 10,060 shares of the business’s stock in a transaction on Friday, December 1st. The shares were sold at an average price of $80.11, for a total value of $805,906.60. Following the completion of the transaction, the director now owns 40,081 shares in the company, valued at $3,210,888.91. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Vice Chairman William J. Sandbrook sold 9,000 shares of the business’s stock in a transaction on Thursday, January 25th. The stock was sold at an average price of $82.38, for a total transaction of $741,420.00. Following the completion of the transaction, the insider now owns 423,710 shares of the company’s stock, valued at approximately $34,905,229.80. The disclosure for this sale can be found here. In the last 90 days, insiders sold 86,264 shares of company stock valued at $7,046,356. Insiders own 5.90% of the company’s stock.
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US Concrete Company Profile
U.S. Concrete, Inc is a producer of ready-mixed concrete in select geographic markets in the United States. The Company conducts its operations through two business segments: ready-mixed concrete and aggregate products. The ready-mixed concrete segment engages principally in the formulation, production and delivery of ready-mixed concrete to its customers’ job sites.
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